Landsea Homes Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Notes and Other Debts Payable, net (Tables)

Notes and Other Debts Payable, net (Tables)

3 Months Ended

Mar. 31, 2021

Amounts outstanding under notes and other debts payable, net consist of the following:


	March 31, 2021		December 31, 2020
	(dollars in thousands)
Construction loans	$	91,504	$	67,757
Line of credit facilities	179,019		140,142
EB-5 notes payable	50,150		59,216
Loan payable	5,136		5,144
Notes Payable	325,809		272,259
Deferred loan costs	(6,330)		(7,450)
Notes and other debts payable, net	$	319,479	$	264,809

Schedule of Maturities of Long-term Debt

The aggregate maturities of the principal balances of the notes and other debts payable during the five years subsequent to March 31, 2021 are as follows (dollars in thousands):


2021	$	62
2022	121,308
2023	24,777
2024	179,102
2025	560
Thereafter	—
	$	325,809

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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+ Details